Form 4: Badger Meter Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Badger Meter Director Tessa M. Myers received a stock grant valued at $125,000 as part of the company's 2021 Omnibus Incentive Plan.
Summary
- Tessa M. Myers, a Director at Badger Meter Inc., received a grant of 952 shares of common stock.
- The grant was made on April 27, 2026, under the company's 2021 Omnibus Incentive Plan.
- The value of the stock grant was approximately $122.96 per share, totaling $125,000.
- These shares were granted on the first business day following the Company's annual meeting.
- Following this transaction, Ms. Myers beneficially owns 5,913 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director stock grant and does not contain new financial performance data or strategic shifts.
Positives
- Director compensation aligns with shareholder-approved incentive plans.
- Annual stock grants for non-employee directors demonstrate commitment to retaining experienced leadership.
- The grant is based on a 10-day average closing price, providing a market-based valuation.
- Ms. Myers' direct beneficial ownership of 5,913 shares indicates a significant personal stake in the company.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that director stock grants are a common practice in the water technology industry to align executive interests with shareholders and incentivize long-term performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Stock Grant | Grant of Badger Meter Common Stock to Director Tessa M. Myers. | 04/27/2026 | Reinforces director alignment with company performance and shareholder value. |
Stakeholder Impact
- Shareholders: The grant reinforces director alignment with shareholder interests and may be viewed positively as it reflects a commitment to long-term value creation.
- Employees: The filing does not directly impact employees, but the company's incentive plans for directors can indirectly influence overall corporate strategy and performance.
- Management: The grant is part of the established compensation structure for non-employee directors.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | Date the 2021 Omnibus Incentive Plan was approved by shareholders. |
| 04/27/2026 | Transaction date for the stock grant to Tessa M. Myers. |
| 04/29/2026 | Date of signature for the filing. |
Keywords
Badger Meter, Tessa M. Myers, Form 4, Stock Grant, Omnibus Incentive Plan, Director Compensation, Beneficial Ownership
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